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Tag: Club

Walmart Promotes Sam’s Club CEO To U.S. E-Commerce COO

Walmart has named Jamie Iannone Chief Operating Officer for U.S. E-Commerce, according to an internal memo seen by CNBC. He will report to CEO of U.S. E-Commerce Marc Lore and Walmart CEO John Furner, and will oversee the retailer’s e-Commerce groups. Iannone most recently held the role of CEO at Sam’s Club. He also has …

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Club Factory’s seller base up four-fold, Retail News, ET Retail

E-commerce platform Club Factory has over 20,000 registered sellers as of December 2019, registering a fourfold increase in the second half of the year. Club Factory is also strengthening its India leadership team and will appoint local leaders for key functions in the next quarter, said a release. Over 200 sellers on the platform clocked …

Club Factory’s seller base up four-fold, Retail News, ET RetailRead More

China’s Club Factory, Retail News, ET Retail

New Delhi: Club Factory, a Chinese ecommerce player in India, said it is operating on a marketplace model in the country and is aligned with Indian laws. The government is looking to amend rules to stop citizens from receiving duty-free “gifts and samples” valued at under Rs 5,000 from overseas companies. This follows media reports …

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Walmart names new CEO for Sam’s Club

Get great content like this right in your inbox. Subscribe Kathryn McLay For the second time in its history, Walmart’s $59 billion warehouse club division has a female CEO. The company named Kathryn McLay as president and CEO of Sam’s Club, effective Nov. 15. She succeeds John Furner, who was named chief executive of Walmart …

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Club Factory raises $100 mn in Series D funding, Retail News, ET Retail

New Delhi: E-commerce player, Club Factory has raised $100 million in a Series D round of financing led by venture capital firm Qiming Venture Partners including Bertelsmann, IDG Capital, and other Fortune 500 companies from USA and Asia, the company said in a statement. According to app download and usage data from App Annie, Club …

Club Factory raises $100 mn in Series D funding, Retail News, ET RetailRead More

Walmart promotes Sam’s Club head to run U.S. business

John Furner is taking the reins as president and CEO of Walmart U.S. effective Nov. 1. Furner will report directly to Walmart president and CEO Doug McMillon. Greg Foran, who has served as president and CEO of Walmart U.S. since 2014, is taking a role as CEO at Air New Zealand Limited. Foran will stay …

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Sam’s Club launches pilot to help members defray healthcare costs

Get great content like this right in your inbox. Subscribe Walmart continues to dive deeper into healthcare and wellness, this time via its Sam’s Club.  The warehouse club operator will offer its members four different bundled healthcare options that will help cover the costs of routine primary care, dental, optical and alternative medicine and also …

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